Part 5: Valuation applications (VPGAs)

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1 Introduction and scope 1.1   It is essential to be clear about the purpose of the valuation, which will dictate the basis of value to be used. See VPS 1. 1.2   This guidance provides additional commentary on the application of IVS and VPSs 1–6 to art and antiques, being those assets and/or...

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